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Burgess Rawson - Melbourne

NAB, 64 Percy Street Portland, VIC 3305

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NAB, 64 Percy Street,
Portland, VIC 3305

Shops & Retail • Other

Price information

Sale - Auction Tue 10 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$87,984
Number of Tenants
1 Tenant
Tenants / Type
NAB

Auction

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Burgess Rawson - Melbourne
Mark Foster
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
NAB, 64 Percy Street
Portland, VIC 3305

Map of NAB, 64 Percy Street

Directions
  • Bus stops within 5 km of NAB, 64 Percy Street, Portland, VIC 3305Distance
    Henty Street Bus InterchangeHenty St139 m
    All Saints Catholic Church/Henty St (Portland)215 m
    Julia St/Bentinck St (Portland)261 m
    Julia St/Hurd St (Portland)297 m
    76 Hurd St436 m
    POWERED BY HERE ©
POWERED BY HERE ©

Brand New 5 Year Lease to ASX Listed Giant | Potential 50% Stamp Duty Savings

  • Brand New 5 Year Lease to Dec 2029
  • ASX Listed Giant, Long Time Occupant
  • NAB pays usual Outgoings Inc Land Tax
Burgess Rawson are delighted to present to the market 64 Percy Street, Portland VIC for sale via Investment Portfolio Auction 173.

The property has the following investment highlights:
+ Renewed 5 year lease to National Australia Bank to December 2029
+ No further option
+ National Australia Bank: Top 4 ASX listed financial institution with over 10 million customers and 38,000 employees** and market cap circa $118 billion
+ Annual CPI rent reviews
+ NAB pay all usual statutory outgoings including Land Tax
+ Prime central 776sqm* site (including common property) with 10.5 metre* retail frontage
+ Important Commercial 1 zone
+ Large modern versatile 450sqm* single level building
+ Includes covered car park on site (rear common property)
+ Central CBD location amongst Aldi, Woolworths, IGA, Amcal, Guardian Pharmacy, Westpac, CBA, Australia Post etc
+ Potential 50% stamp duty savings
+ Portland Port: One of Australia busiest regional ports and the largest sustainable hardwood chip export in the world.
+ Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+ Net Income: $87,984pa* + GST

For Sale by Portfolio Auction Investment 173
10.30am (AEDT), Wednesday 11 December 2024
River Room, Crown Casino, Melbourne


* Approximate
**NAB

Property ID: 504737404Last Updated: 27 Nov 2024

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